H.B. Fuller Balance Sheet Health
Financial Health criteria checks 3/6
H.B. Fuller has a total shareholder equity of $1.8B and total debt of $1.9B, which brings its debt-to-equity ratio to 109.9%. Its total assets and total liabilities are $4.7B and $2.9B respectively. H.B. Fuller's EBIT is $408.9M making its interest coverage ratio 2.7. It has cash and short-term investments of $165.2M.
Key information
109.9%
Debt to equity ratio
US$1.94b
Debt
Interest coverage ratio | 2.7x |
Cash | US$165.25m |
Equity | US$1.77b |
Total liabilities | US$2.91b |
Total assets | US$4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HB1's short term assets ($1.3B) exceed its short term liabilities ($653.2M).
Long Term Liabilities: HB1's short term assets ($1.3B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: HB1's net debt to equity ratio (100.5%) is considered high.
Reducing Debt: HB1's debt to equity ratio has reduced from 190.8% to 109.9% over the past 5 years.
Debt Coverage: HB1's debt is well covered by operating cash flow (21.6%).
Interest Coverage: HB1's interest payments on its debt are not well covered by EBIT (2.7x coverage).